Research and Markets: Indian Wine Industry has witnessed a CAGR of over 25% over the last 3 years in the Premium Wine Segment
The wine industry report provides extensive information about the Indian wine market in the context of its size and brands currently available. The report also details the wine industry projections for the next five years. The highlights of the report are wine ratings on the quality parameter by an internationally qualified wine advisor.
This report will be extremely useful and is a must to new players wanting to invest in the Indian wine market. Currently the Indian wine industry is growing at the rate of 25-30% per annum, with few good wine makers. We have estimated a CAGR of 25% in the premium wine segment for the next five years.
This report has been compiled by two professionals after studying the Indian Wine industry for over a year and personally visiting the wineries and tasting almost all the Indian wine on the shelves.
The Indian Wine Industry Report provides exhaustive information on the Indian Wine Sector, the market size, projected growth rates, the demand drivers, a SWOT analysis, key characteristics of the Indian market and profiles of the leading players in India.
Key Facts of the Report
-- The wine industry has witnessed a CAGR of over 25% over the last 3 years in the premium wine segment mainly fuelled by the strong growth in the domestic wine consumption.
-- The industry is not very capital intensive, as it requires around Rs.10-15 million to setup a Wine plant with a capacity of 100,000 liters.
-- The key raw materials such as grapes, bottles, and corks account for approximately 20% of the total costs and are higher than the international norms.
-- The industry has low entry barriers because of its low capital-intensive nature however the industry is under pressure for profits due to high marketing costs and low volumes. With demand increasing at a steady pace, the industry is expected to go through a consolidation phase.
-- The industry is dominated by three players viz Indage, Sula wines and Grover wines and enjoys more than 90% of the total market share.
-- The fortunes of the industry are linked to the trend in the changing drinking habits of Indians, higher disposable incomes, growth in the foreign tourists, and government regulations and policies.
-- The Indian wineries have planned expansion plans to meet the increasing demand.
-- There is a strong growth in the imported wine market with Indian importers importing hundreds of brands from countries like Australia, US to Bulgaria. Some of the well-known wine producers are also present in India like Moet and Hennessey, E&J Gallo and HWWG.
- Sula Vineyards
- Moet and Hennessey
- E&J Gallo
- Grover Wines
For more information visit http://www.researchandmarkets.com/reports/c20479